Nikki Gates - Gates Debt Recovery Limited

DO YOU HAVE A TRICKY DEBTOR?🤡

❓Are they raising unsubstantiated and/or unreasonable disputes to avoid making payment of a debt?

❓Have you made countless attempts to resolve purported disputes and/or given them opportunity to pay, without success?

❓Has your communication with the debtor broken down or become unmanageable or ineffective?

🆘I am here to help🆘 and may be able to make the process less stressful and more manageable for you.

I can intervene and explore whether there is any scope to achieve a successful outcome or settlement directly with the debtor. This could involve a targeted approach with leading individuals within the debtor's business, as well as promoting and encouraging positive engagement to try and reach a resolution prior to litigation becoming necessary.

Litigation is sometimes the only option, but positive and targeted engagement can be used, should be explored, is often very effective and is much more time and cost efficient.

Contact me for a no obligation initial chat - I may be able to resolve a long running recovery swiftly and efficiently for you.

Nikki Gates - Debt Recovery Specialist and Legal Consultant

📞07770 141113

📧[email protected]

💷 Debt Recovery - the basic process 💷

Many businesses will try and avoid a debt recovery process, even if it is really needed. Their credit control policies and practices can then become inefficient and cash flow issues may arise.

The debt recovery process can include engagement with the debtor to reach agreeable solutions for payment of the debt, including instalment plans. It's important to act swiftly ⌛ to ensure your business is at the forefront of the debtor's mind and therefore, the debtor's payment schedule.

The general debt recovery process, for undisputed debts, can be very simple and straightforward. I offer fixed fees to make the process as cost efficient and transparent as possible and it is sometimes possible to claim your recovery fees from the debtor.

You may also be entitled to claim interest from the debtor, subject to contractual terms or applicable statute/regulations.

DM me if you have any debt recovery queries and/or believe it may be time to start formally chasing a debt. I would be pleased to discuss the debt, process and likely fees with you.

Alternatively, contact me for a no obligation initial chat -
Nikki Gates - Debt Recovery Specialist and Legal Consultant
📞 07770 141113
📧 [email protected]

📃 Statutory Demands 📃

DID YOU KNOW?

- You can use a Statutory Demand to request payment of a debt from an individual or company.

- To use a Statutory Demand, the debt must be £5,000 or more if you are owed money by an individual, or £750 or more if you are owed money by a company.

- A Statutory Demand is a legal document which is served on the individual or company, often personally.

- Once served, the individual or company has 21 days to either pay the demand or reach an agreement to pay.

- If the individual or company fails to respond, and does not intend to challenge the use or the content of a Statutory Demand, you can then apply to bankrupt the individual or wind up the company.

I have extensive experience of using Statutory Demands to recover undisputed debts, and they can be an efficient debt recovery tool if prepared and served correctly.

If you have any unpaid debts and think that a Statutory Demand may be suitable to recover the sum/s, please let me know and I would be happy to assist you.

Contact me:
Nikki Gates - Debt Recovery Specialist and Legal Consultant
📞 07770 141113
📧 [email protected]
[email protected]

💷 PROTECT YOUR BUSINESS FROM UNPAID AND BAD DEBTS 💷

Businesses can sometimes get carried away with obtaining and preserving new customer contracts, that they forget to prioritise key aspects of their own business, such as maintaining good cash flow.

Cash flow is and has to be a significant priority for all businesses, especially in the current economic climate. Maintaining good cash flow often entails a long-term and continuous investment of time and sometimes money. However, it sometimes gets overlooked, leading to a business experiencing financial hardship.

One way to retain good cash flow is to ensure that your business is protected, as much as it can be, from unpaid or bad debts. This means doing everything you possibly can to ensure that you are paid for the services or goods you have provided, within the agreed payment term.

Go to🔗https://www.woodstocklegalservices.co.uk/protect-your-business-from-unpaid-and-bad-debts to see the full blog, including tips and advice.

Nikki Gates - Debt Recovery Specialist and Legal Consultant
📞 07770 141113
📧 [email protected]

💷 TOP TIPS for Credit Control 💷

1. Cash flow is and has to be a significant priority for all businesses. Maintaining good cash flow often involves a long term and continuous investment of time, and sometimes money. However, it sometimes gets overlooked and this can then lead to a business experiencing financial hardship.

2. Effective Credit Control is a key part to maintaining good cash flow. Preparing and enforcing credit control policies and standard practices help you and your business effectively manage and control when action is required in order to recover late or overdue amounts.

3. Where credit control does not produce a recovery, standard policies and practices enable you and your business to know when is the appropriate time to convert an overdue amount to Debt Recovery.

4. Debt Recovery is most effective when carried out as early as possible and it may be necessary to seek advice from a Debt Recovery Specialist.

I offer FIXED FEES for credit control reviews and nationwide debt recovery work. I would be happy to have a free initial discussion with you, if you need help with refining and reinforcing your credit control policies or recovering a debt.

Contact me for a no obligation initial chat -
Nikki Gates - Debt Recovery Specialist and Legal Consultant
📞 07770 141113
📧 [email protected]

💷 TOP TIPS for Debt Recovery 💷

Achieving successful recovery of a business debt is quickly becoming troublesome. All businesses need to therefore act promptly and efficiently to maximise their chances of recovery.

Below are some tips to assist with debt recovery. The key to effective credit control and debt recovery (and therefore cashflow managements) is maintaining and enforcing specific policies and practices which enable you and your staff to make key decisions on when it is appropriate to consider formal recovery options.

Don't delay in chasing up troublesome customers or outstanding debts - the longer you leave it, the harder it may be to recover.

I offer FIXED FEES for nationwide debt recovery work and would be happy to have a free initial discussion with you if you need help with recovering a debt.

Contact me for a no obligation initial chat -

Nikki Gates - Debt Recovery Specialist
📞 07770 141113
📧 [email protected]
[email protected]

💷 DEBT RECOVERY 💷

I am here to help, support and recover money for you!

📞 07770 141113
📧 [email protected]
[email protected]